CH Robinson (NASDAQ: CHRW) strategy chief records tax-withheld 9,030-share move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
C. H. Robinson Worldwide Chief Strategy & Innovation Officer Arun Rajan reported a tax-related share disposition. On the vesting of restricted stock units, 9,030 shares of common stock were withheld by the company to cover his tax withholding obligation at a price of $176.01 per share.
After this withholding, Rajan’s reported holdings total 124,626 shares of common stock. This includes 57,713 shares issuable upon settlement of restricted stock units and deferred shares credited to his nonqualified deferred compensation plan account, and 66,913 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RAJAN ARUN
Role
Chief Strat & Innov Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,030 | $176.01 | $1.59M |
Holdings After Transaction:
Common Stock — 124,626 shares (Direct)
Footnotes (1)
- Consists of shares withheld by the issuer to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units. Included in this amount are 57,713 shares of Issuer common stock issuable in settlement of an equal number of restricted stock units and deferred shares credited to the reporting person's NQDC Plan account and 66,913 shares held directly by the reporting person.
FAQ
What insider transaction did CHRW executive Arun Rajan report?
Arun Rajan reported a tax-withholding disposition related to restricted stock unit vesting. The company withheld 9,030 CHRW common shares to satisfy his tax obligation, rather than this being an open-market sale.
Was Arun Rajan’s CHRW Form 4 transaction an open-market stock sale?
No, the Form 4 describes a tax-withholding disposition, not a market sale. Shares were withheld by the issuer to cover Arun Rajan’s tax liability upon restricted stock unit vesting, rather than sold by him on the open market.
What role does Arun Rajan hold at C. H. Robinson Worldwide (CHRW)?
Arun Rajan serves as Chief Strategy & Innovation Officer at C. H. Robinson Worldwide. His Form 4 filing reflects equity compensation activity and related tax-withholding, rather than a discretionary buy or sell decision in the open market.